Remember that it's entirely possible to become wealthy and retire on single-family homes.If you decide to transition your real estate into larger property you can do it tax free through a 1031 exchange.

Not sure if you know but house hacking is where you have a home and you rent out a room essentially someone else is paying your mortgage/rent........or you could rent a room but we are trying to get you wealthy here.

I think both are reasonable paths to wealth.  I

My current goals are that I am looking to get a base hit so that I can get into the game and build some wealth. I

I prescribe to the belief that cash flow makes you rich but appreciation makes you wealthy.

Wealthy people side-step it with ease.I just took on a client who spent $12,000 setting up a special needs trust for his sister, then funded it with $1.55M for her support and maintenance.

The very wealthy of SF used lake county for 75 years from the gold rush to about the great depression as the go to place.. there were resorts all over the lake and in the moutains ( the aforementioned mineral bath resorts) and many burnt down over the years.. in 1900 to 1930 ish through out CA and the WEst was the hey day of land developers platting wide swaths of CA and literally creating towns.. platted lots with no streets.. we see these today everywhere throughout the west.. 

I think its cool when successful wealthy guys go under the radar.

The old tenement houses that farmers lived in before they became wealthy , are now my best performing assets .a 25/35k 2Br 1 ba cash flows7k year over year which is a return in excess of 70%.

One of the main reasons I started my business was because I wanted to build wealth. I